Nonprofit · EIN 84-2453611
KENSINGTON CORRIDOR TRUST
Tax-exempt · PHILADELPHIA, PA 19134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,381,894 | $1,414,749 | -$32,855 | $11,662,917 | $11,432,153 | $230,764 |
| December 31, 2024 | 990 | $976,152 | $1,098,767 | -$122,615 | $11,263,009 | $10,999,390 | $263,619 |
| December 31, 2023 | 990 | $1,181,289 | $903,179 | $278,110 | $6,060,165 | $5,673,931 | $386,234 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,011,224
- Program service revenue
- $2,800
- Investment income
- $72,963
- Net rental income
- $294,407
- Other revenue
- $294,907
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $152,255
- Other salaries and wages
- $328,325
- Salaries, compensation and benefits (total)
- $540,830
- Professional fundraising fees
- $0
- Legal fees
- $71,450
- Accounting fees
- $23,410
- Travel
- $13,200
- Depreciation
- $106,611
- Program services (functional)
- $1,189,176
- Management and general (functional)
- $118,630
- Fundraising (functional)
- $106,943
Balance sheet and other
- Total assets, start of year
- $11,263,009
- Total assets, end of year
- $11,662,917
- Total liabilities, end of year
- $11,432,153
- Net assets, end of year
- $230,764
- Land, buildings and equipment
- $8,226,090
- Net assets without donor restrictions
- -$244,236
- Net assets with donor restrictions
- $475,000
- Gross receipts
- $1,381,894
- Employees
- 6
- Year formed
- 2022
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Adriana Abizadeh-Barbour | Executive Director | 40 | $152,254 | $5,000 |
| Damon Bain | Director Trustee or director | 2 | $0 | $0 |
| Darlene Burton | Director Trustee or director | 2 | $0 | $0 |
| John Chun | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Jimmy Duran | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Tess Donie | Director Trustee or director | 2 | $0 | $0 |
| Alexander Robles | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Tayyib Smith | Director Trustee or director | 2 | $0 | $0 |
| Sarah St Clair | Director Trustee or director | 2 | $0 | $0 |
| Brenda Mosley | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Adriana Abizadeh-Barbour | Executive Director | 40 | $149,212 |
| Damon Bain | Director Trustee or director | 2 | $0 |
| Jonathan Arrieta | Director Trustee or director | 2 | $0 |
| Darlene Burton | Director Trustee or director | 2 | $0 |
| John Chun | Secretary Trustee or director, Officer | 2 | $0 |
| Jimmy Duran | Treasurer Trustee or director, Officer | 2 | $0 |
| Tess Donie | Director Trustee or director | 2 | $0 |
| Zor Montes | Director Trustee or director | 2 | $0 |
| Alexander Robles | Chairman Trustee or director, Officer | 2 | $0 |
| Tayyib Smith | Director Trustee or director | 2 | $0 |
| Sarah St Clair | Director Trustee or director | 2 | $0 |
| Brenda Mosley | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Adriana Abizadeh | Executive Director | 40 | $141,200 |
| Jonathan Arrieta | Director Trustee or director | 2 | $0 |
| Darlene Burton | Director Trustee or director | 2 | $0 |
| Charles Evans | Director Trustee or director | 2 | $0 |
| Juan Perez | Director Trustee or director | 2 | $0 |
| Tayyib Smith | Director Trustee or director | 2 | $0 |
| John Chun | Secretary Officer | 2 | $0 |
| Jimmy Duran | Treasurer Officer | 2 | $0 |
| Alexander Robles | Chairman Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3400 J ST STE G12, PHILADELPHIA, PA 19134-1471
- In care of
- % CASEY ODONNELL
- Mailing address (990-N for 2021)
- 3400 J Street Unit G12, PHILADELPHIA PA 19134
- Principal officer (990 for 2025)
- Adriana Abizadeh-Barbour
- Principal officer (990-N for 2021)
- Adriana Abizadeh, 3400 J Street Unit G12, PHILADELPHIA PA 19134
- Signed the 990
- Adriana Abizadeh-Barbour, Executive Dir.
- Phone
- (267) 428-6299
- Website
- https://kctphilly.org/
- Return prepared by
- Morey Nee Tobias & Oswald LLC
Mission
UTILIZE COLLECTIVE OWNERSHIP TO DIRECT INVESTMENTS ON THE CORRIDOR THAT PRESERVE CULTURE AND AFFORDABILITY WHILE BUILDING NEIGHBORHOOD POWER AND WEALTH IN KENSINGTON.
Program accomplishments
- The program expenses are allocated towards driving stability and economic prosperity in the Kensington neighborhood involving the development of physical space to preserve affordability in the neighborhood and advance collective ownership.Expenses $1,189,176 · revenue $1,305,631
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2453611
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $11,662,917
- Income (IRS master file)
- $1,381,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,381,894 | $1,414,749 | $11,662,917 | XML |
| 990 | December 2024 | $976,152 | $1,098,767 | $11,263,009 | XML |
| 990 | December 2023 | $1,181,289 | $903,179 | $6,060,165 | XML |
| 990 | December 2022 | $238,939 | $534,659 | $1,754,479 | IRS |
| 990-N for 2021 Officer: Adriana Abizadeh | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2453611).
Questions about KENSINGTON CORRIDOR TRUST
- What is the EIN of KENSINGTON CORRIDOR TRUST?
- The employer identification number (EIN) of KENSINGTON CORRIDOR TRUST is 84-2453611.
- Is KENSINGTON CORRIDOR TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to KENSINGTON CORRIDOR TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENSINGTON CORRIDOR TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KENSINGTON CORRIDOR TRUST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENSINGTON CORRIDOR TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of KENSINGTON CORRIDOR TRUST?
- The 990 for the year ended December 31, 2025 names Adriana Abizadeh-Barbour.
- Who are the officers and directors of KENSINGTON CORRIDOR TRUST?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $152,254 (Adriana Abizadeh-Barbour, Executive Director).
- How much revenue does KENSINGTON CORRIDOR TRUST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,381,894, expenses of $1,414,749 and total assets of $11,662,917 at year end.
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